Replies to post #245664 on Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

Actually, it depends on the agreement. It could be either way.





In Reply to 'seek the light'
"We won't be able to use deal funds for anything but B-OM and IBD development, unless the deal comes with strategic investment funds." Not correct at all!!!

Payment for a licensing deal to develop the drug at the buyers expense in a designated area of the world will not put the buyer of the license in control of the upfront money. JMO!!!!